AZAforex vs IQ Option

Compare AZAforex and IQ Option in this side-by-side table listing each broker’s features, platforms, instruments and much more.

AZAforex vs IQ Option Comparison Table 2024
Feature AZAforex IQ Option
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3.4
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United States accepted
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4
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United States NOT accepted
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Summary

AZAforex is a multi-asset broker founded in 2016. The brand offers a sophisticated proprietary platform, ECN trading and 40+ deposit methods. The brokerage has 120,000+ registered customers with copy trading and a VPS.

AZAforex offers binary options with time-dependent payouts that can be taken out on any asset included as a CFD or spot instrument. Over 50 binary options are available with a $1 minimum stake and payouts up to 190%.

CFD Trading
Trade 200+ CFDs with leverage up to 1:1000 on a powerful proprietary platform. Asset classes include stocks, forex and crypto with ECN execution. You can bet on rising and falling prices with leveraged CFDs.

Forex Trading
Trade 49 major, minor and exotic currency pairs with fixed spreads or ECN pricing with no dealing desk intervention and a low starting deposit. You can analyze the currency markets using the broker's in-house trading platform.

Crypto Trading
Invest in 10 popular cryptos such as Bitcoin and Ethereum. A choice of six crypto account base currencies are available plus a welcome bonus for new traders.

IQ Option is a trusted broker with multi-asset trading on its user-friendly proprietary platform. The broker provides trading on forex, stocks, cryptos, indices, commodities and ETFs with competitive fees and a good suite of extra features and educational content. You can also open an account with just $10.

IQ Option is a top-rated binary options and digital trading broker. Trade on a user-friendly platform with a low starting deposit. Simply decide whether the price of an asset will go up or down to win a predetermined payout up to 90%+.

CFD Trading
IQ Option deals primarily in CFDs, which are available on stocks, forex, cryptocurrencies and several other markets. The leverage available is in line with EU restrictions, to a maximum of 1:30 on major forex pairs but with less available on more volatile assets. Trades are commission-free with floating spreads and clients can use the award-winning platform.

Forex Trading
IQ Option offers CFD trading on 24 forex assets, including major pairs and some minors. EU traders can access a maximum of 1:30 leverage in line with local regulations. The broker offers commission-free trades but spreads are on the high side so the brand does not excel in this area.

Crypto Trading
IQ Option is a leading crypto broker. They offer multipliers and a huge range of digital currency markets, including Bitcoin, Ethereum, and Cardano. Leverage of up to 1:2 is available with a variable spread and no commission. Newer traders will also rate the intuitive trading software.

Warning RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
Awards
  • Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
  • Best Binary Broker 2021 - DayTrading.com
Bonus None None
Instruments Binary Options, Forex, CFD, Stocks, Crypto CFD, Forex, Crypto, Stocks, Digital Options
Demo Account Yes Yes
Minimum Deposit $1 $10
Minimum Trade 0.00001 Lots 0.001 Lots
Ladder Binary Options No Yes
Boundary Binary Options No Yes
Payment Methods
  • Credit Card
  • Debit Card
  • Perfect Money
  • QIWI
  • Volet
  • Wire Transfer
  • Alipay
  • Boleto
  • Credit Card
  • GlobePay
  • Maestro
  • MoneyGram
  • Perfect Money
  • QIWI
  • Skrill
  • Sofort
  • Vietcombank Transfer
  • Volet
  • Wire Transfer
  • Yandex Money
Mobile Apps iOS & Android iOS, Android and Windows
Copy Trading No No
Social Trading No No
Margin Trading Yes Yes
Margin Rate 0.2%
MetaTrader 4 No No
MetaTrader 5 No No
cTrader No No
AlgoTrader No No
OmniTrader No No
TradingView No No
Autochartist No No
eSignal No No
Trading Central No No
STP Account No No
ECN Account Yes No
DMA Account No No
MAM Account No No
PAMM Account No No
LAMM Account No No
Demat Account No No
AI / Machine Learning No No
Robo Advisor No No
Negative Balance Protection Yes Yes
Market Maker No Yes
P2P Trading No No
Spot Trading No No
VPS Hosting Yes No
Tournaments No Yes
Demo Competitions No No
Ethical Investing No No
Islamic Account Yes Yes
Account Currencies USD, THB, VND, UAH USD, EUR, GBP, ZAR
Stock Exchanges
  • Australian Securities Exchange (ASX)
  • Deutsche Boerse
  • Euronext
  • FTSE UK Index
  • New York Stock Exchange
  • Australian Securities Exchange (ASX)
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • S&P 500
Commodities
  • Oil
  • Silver
  • Oil
  • Gold
CFD Trading Yes Yes
CFD Leverage 1:1000 1:500
CFD FTSE Spread Variable
CFD GBPUSD Spread Variable 1
CFD Oil Spread Variable 2.3
CFD Stocks Spread Variable 2
Forex Trading Yes Yes
Forex App

IQ Option provide a superbly easy to use mobile app. Offering forex trading, plus some bespoke trading instruments of their own, IQ deliver a slick, secure platform for shorter term trades. Recent upgrades have synchronised the look and feel of both the Webtrader and mobile platform, making switching between the two, seamless. Try it out via the free demo account.

Forex GBPUSD Spread Variable 5 pips
Forex EURUSD Spread Variable 14 pips
Forex EURGBP Spread Variable 15 pips
Forex Assets 72 60+
Crypto Trading Yes Yes
Crypto Spread Variable BTC 7%, ETH 12% (Var)
Crypto Coins
  • BCH
  • BTC
  • DASH
  • ETH
  • LTC
  • USDC
  • USDT
  • XMR
  • XRP
  • BCH
  • BTC
  • DASH
  • EOS
  • ETC
  • ETH
  • LTC
  • OMG
  • QTUM
  • TRX
  • XRP
  • ZEC
Crypto Lending No No
Crypto Mining No No
Crypto Staking No No
Crypto Auto Market Maker No No
rating empty
rating full
3.4
United States Flag
United States accepted
» Visit
rating empty
rating full
4
United States Flag
United States NOT accepted
» Visit

FAQ

Is AZAforex or IQ Option better?

We have rated IQ Option (80%) higher than AZAforex (68%), but the overall rating can't be the only determining factor. For example, does AZAforex accept traders from your country and do they offer the kind of features or trading platforms you prefer? Use the comparison table to see if AZAforex or IQ Option is best for you.